Tesla (TSLA) Plans Model S Promotion Through Alibaba's Tmall

Tesla (Nasdaq: TSLA) will sell its Model S sedan on Alibaba's (NYSE: BABA) online shopping platform, Tmall, during a promotion next month.

According to a Sina blog post made by Tesla, shoppers will be able to use their Yu’E Bao money market fund.

Shares of Tesla are positive in early trading Monday.

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